Digipath Performance
| DIGPDelisted Stock | USD 0.03 0 3.70% |
On a scale of 0 to 100, Digipath holds a performance score of 4. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Digipath's returns are expected to increase less than the market. However, during the bear market, the loss of holding Digipath is expected to be smaller as well. Please check Digipath's jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Digipath's price patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Digipath are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak technical and fundamental indicators, Digipath reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 295.9 K |
Digipath |
Digipath Relative Risk vs. Return Landscape
If you would invest 2.84 in Digipath on September 2, 2024 and sell it today you would lose (0.04) from holding Digipath or give up 1.41% of portfolio value over 90 days. Digipath is currently generating 0.616% in daily expected returns and assumes 12.0938% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Digipath, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Digipath Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digipath's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Digipath, and traders can use it to determine the average amount a Digipath's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0509
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Estimated Market Risk
| 12.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Digipath is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Digipath by adding it to a well-diversified portfolio.
Digipath Fundamentals Growth
Digipath Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Digipath, and Digipath fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Digipath Pink Sheet performance.
| Return On Equity | -7.33 | |||
| Return On Asset | -0.39 | |||
| Profit Margin | (0.76) % | |||
| Operating Margin | (0.38) % | |||
| Current Valuation | 3.65 M | |||
| Shares Outstanding | 75.15 M | |||
| Price To Earning | (3.70) X | |||
| Price To Book | 11.43 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 2.7 M | |||
| EBITDA | (1.59 M) | |||
| Cash And Equivalents | 250.37 K | |||
| Total Debt | 565.43 K | |||
| Debt To Equity | 9.56 % | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (184.79 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 1.34 M | |||
| Retained Earnings | (10.01 M) | |||
| Current Asset | 251 K | |||
| Current Liabilities | 106 K | |||
About Digipath Performance
Assessing Digipath's fundamental ratios provides investors with valuable insights into Digipath's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Digipath is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Digipath, Inc., together with its subsidiaries, provides cannabis and hemp lab testing services in Las Vegas to Nevada licensed medical marijuana enterprises. Digipath, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada. Digipath operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 17 people.Things to note about Digipath performance evaluation
Checking the ongoing alerts about Digipath for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Digipath help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Digipath is not yet fully synchronised with the market data | |
| Digipath is way too risky over 90 days horizon | |
| Digipath has some characteristics of a very speculative penny stock | |
| Digipath appears to be risky and price may revert if volatility continues | |
| Digipath has a very high chance of going through financial distress in the upcoming years | |
| Digipath currently holds 565.43 K in liabilities with Debt to Equity (D/E) ratio of 9.56, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Digipath has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Digipath until it has trouble settling it off, either with new capital or with free cash flow. So, Digipath's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Digipath sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Digipath to invest in growth at high rates of return. When we think about Digipath's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.7 M. Net Loss for the year was (2.06 M) with profit before overhead, payroll, taxes, and interest of 1.07 M. | |
| Digipath currently holds about 250.37 K in cash with (184.79 K) of positive cash flow from operations. |
- Analyzing Digipath's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Digipath's stock is overvalued or undervalued compared to its peers.
- Examining Digipath's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Digipath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Digipath's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Digipath's pink sheet. These opinions can provide insight into Digipath's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Digipath Pink Sheet
If you are still planning to invest in Digipath check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Digipath's history and understand the potential risks before investing.
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